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“We need the governor to protect us from getting slapped with new rate increases, and we need regulators to do their jobs.”
Ludhiana: A joint meeting of bicycle and auto parts’ manufacturers was held to discuss problems related to Punjab State Power Corporation Limited (PSP.
In the past few weeks, every Mumbaikar would have received a text update from the four electricity distribution companies (discoms) supplying power to the metropolis about revised tariffs effective 1 April 2023. My analysis shows that all electricity consumers will be paying more for power in the next two years, but there is a difference in the extent of the hike in various categories.
ESCOMs had initially demanded an increase of 139 paisa per unit, but KERC restricted it to 70 paisa. Out of the 70 paisa increase, 57 paisa will be recovered through Fixed Charges, and the remaining 13 paisa will be recovered as energy charges.